Trademagazin > News and articles > Market News > The EU is spending more than 1 billion euros on climate change initiatives
The EU is spending more than 1 billion euros on climate change initiatives
The European Commission has signed a grant agreement worth 1.1 billion euros (about 407 billion forints) with seven EU initiatives that will reduce emissions by more than 76 million tonnes of carbon dioxide equivalent in its first ten years of operation, the Brussels panel said on Friday.
The seven initiatives will introduce innovative low-carbon technologies at the industrial level, in key sectors such as hydrogen, steel, chemicals, cement, solar energy, biofuels and carbon capture and storage – they informed. (Gebauer Szabolcs, MTI)
Related news
Twenty years in the EU: how has Hungarian consumption changed?
On 1 May 2004 ten new member states joined the…
Read more >Support for irrigation development continues
Farmers must be supported in being able to adapt to…
Read more >From 2024, March 25 is the day of Hungarian fruit landscape varieties
Preserving the genetic diversity of our cultivated crops is in…
Read more >
More related news >
Related news
Seven trends shaping in-store marketing and retail design in 2024
Smart brands know that in-store marketing and store design can…
Read more >2024 is a year of challenges for the tobacco industry and retail
Annual tobacco retail sales are expected to have increased in…
Read more >The latest issue of Trade magazine is out now!
The digital version is available with more content once again,…
Read more >